Non-landed private home rents down 6.4% in 2014

The fall in rental prices is within expectations, given the drag from both the lull during the festive period and fewer expatriates settling in Singapore compared to the first half of the year.

PHOTO: BLOOMBERG

Singapore

RENTS of non-landed private residential properties have shown continued decline since February last year, falling 0.8 per cent in December compared to November, flash estimates from Singapore Real Estate Exchange (SRX) showed on Wednesday.